GrainCorp. Ltd. (GNC.AX) currently has a 14-day Commodity Channel Index (CCI) of 3.66. Dedicated investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, […]

Looking at shares from a technical standpoint, Orocobre Limited (ORE.AX) presently has a 14-day Commodity Channel Index (CCI) of -131.11. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become […]

Investors have the option to employ technical indicators when conducting stock research. At the time of writing, Breaker Resources Nl (BRB.AX) has a 14-day Commodity Channel Index (CCI) of 283.94. Developed by Donald Lambert, the CCI is a versatile tool that may be used to help spot an emerging trend or provide warning of extreme conditions. CCI generally measures the current price relative to the average price level over a […]

When undertaking stock analysis, investors and traders may choose to view multiple technical levels. Petrel Energy Limited (PRL.AX) currently has a 14-day Commodity Channel Index (CCI) of 22.32. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot […]

Active traders may be zooming in on certain technical indicators for stock assessment. Currently, Wellington Drive Technologies Ltd. (WDT.NZ) has a 14-day Commodity Channel Index (CCI) of 102.5. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, […]